Startup business tools
What are Startups?
Giving a strict definition of a “startup” is not that easy but one can say that they match at least three different criteria:
- have skyrocketing sales or/and a fast growing user base with a potential to reach $50m or more in revenue
- start with a handful of employees and in a few years reach 100 or more employees
- are on the track to be worth $500 million or more at some point in their existence
This is Alex Wihelm’s 50, 100, 500 rule, which naturally excludes all companies who are either above or never in line to reach such performances.
More on TechCrunch here
Why should you launch a startup?
First, before launching anything, you should have a problem to address. Then, once you sense that there is a real need to address the issue and that your idea can be a first approach to solving it, it is time to think about laying the first bricks. Above all, you need to be convinced that you are capable of solving this problem at some point, and that a certain passion arouses from this. Caution, the startup format may not be adequate for a number of activities and sometimes it is best to start a firm or go out as a freelance.
What do you need to launch a startup?
To launch a startup, a few key things are needed:
- a problem
- the skills needed or the ability to acquire/recruit them
- financial resources
- exceptional leadership and management skills (people have to be willing to work with and for you).
- experienced professionals around you or in your team (former startup founders, startup studios, incubators, accelerators, advisors).
- a series of tools to accomplish all of the above (applications, methodologies, excel files and presentations).
On this last point, the Eloquens Startup Community provides battle-proven tools to help you start, develop and lead your business to success, in the form of excel sheets, PowerPoint presentations, methodologies and techniques. Examples: Financial Plan Templates, KPI Dashboards, SaaS, Freemium and E-Commerce Startup Business Models etc.
- Have in a single page, the essentials of your future business in a very organized manner99 remove_red_eyefreeby Chris Guillebeau
Liquidation Model - Waterfall AnalysisEducate employees, founders, and others in how liquidation preferences affect financial distribution in exit scenarios200 remove_red_eyefreeby Michael Dempsey
How to Raise Capital: A Guide to Seed FundraisingWhat startup founders must know about raising seed funds to get their startups off the ground.47 remove_red_eyefreeby Geoff Ralston
Cash Model Template for StartupsTemplate to forecast your startup's cash expenditure, cash-flow as well as downside potential.204 remove_red_eyefreeby Tim Raybould
SaaS Financial Model: Simple Template For Early-Stage StartupsSimple financial planning tool tailored for early-stage SaaS entrepeneurs.534 remove_red_eyefreeby Gary Gaspar
movieStartup Pro-forma Profit and Loss statement (P&L) TemplateMade to help you construct a high level operation plan for your startup.339 remove_red_eyefreeby Charlie Tillet
Ecommerce Business: Template for Cohort AnalysisEstimate lifetime value for an Ecommerce business using a sample cohort analysis.133 remove_red_eyefreeby Jeremy Liew
Freemium Business ModelCustomize a ready-made financial model for your Freemium Web Services Business357 remove_red_eye
Startup Financial ModelA very simple financial model template that can be used to project website revenue.331 remove_red_eyefreeby Brian Livtack
Venture Capital Method (Single Round Financing)A full model enabling an entrepreneur to understand assumptions of both sides of the table in a single round financing350 remove_red_eyefreeby Prof. Moana Vercoe
SaaS Metrics Excel TemplateA standard SaaS reporting excel template for entrepreneurs to customize.217 remove_red_eyefreeby Amit Karp
Ultimate Startup Cap Table and Return Analysis Excel TemplateSample cap table excel template with exclusive waterfall return analysis.283 remove_red_eyefreeby Alexander Jarvis
Sample Financial ModelTemplate for determining cost realities and financial projections for potential investors' demands.553 remove_red_eyefreeby Marty Zwilling
Financial Model Template for StartupsTell the story of your business in numerical terms.192 remove_red_eyefreeby Vince Scafaria
Basic Startup Cost modelAnswers the question to how much you need to raise for a venture backed startup.216 remove_red_eyefreeby Sunil Rajaraman
Financial Model for Mobile Payment StartupIncludes assumptions page, income statement, balance sheet, cash flow statement and valuation sheet.138 remove_red_eyefreeby Tayfun Uslu
SaaS Model & KPIsA simple model to define and track your key metrics as a SaaS Startup271 remove_red_eyefreeby Ryan Carson
How to Make Your Financial Model Stand Out to Investors in 18 WaysSteps for your model that will make it much easier for people to read, understand, and hopefully invest in your business400 remove_red_eye
Startup Financial Model TemplateA simple financial model for an early-stage startup/anyone building a model for a company537 remove_red_eye
Talking To Humans (The Book)Success starts with understanding your customers - this book will teach you how to do it.265 remove_red_eye
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